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| Issue of June 19, 2006 |
More Banks Now Using Merchant Check CaptureBy Andrea Gregory Tom Houston, president of T. Houston Technology Group, describes community bankers foray into remote deposit capture also known as merchant check capture as David picking up a rock to swing at Goliath. Examinations Allow Regulators to Check Up on New Lenders By Andrea Gregory With so many mortgage companies in Massachusetts, the state Division of Banks has been feeling a little swamped trying to keep up with regularly scheduled mortgage examinations. And as new companies enter the local lending scene, regulators are concerned about letting them conduct business without being able to check up on them at regular intervals. |
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